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Apple Sells Record 74.5 Million Iphones In Quarter, Revenue Beats


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(Reuters) - Apple Inc (AAPL.O) posted a far better-than-expected 29.5 percent jump in quarterly revenue, driven by record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China.

The company sold 74.5 million iPhones in its fiscal first quarter ended Dec. 27. Revenue rose to $74.6 billion from $57.6 billion a year earlier.

Analysts on average had expected revenue of $67.69 billion, according to Thomson Reuters I/B/E/S.

Apple Chief Financial Officer Luca Maestri told Reuters that the company did not sell more iPhones in China than the United States, despite some earlier predictions by research analysts.

But revenues in China were up 70 percent this quarter, in large part due to a massive bump in iPhone sales. The company's success in the competitive Chinese market can be attributed to its partnership with China Mobile, the largest global mobile carrier, and the appeal of the larger screen size of the iPhone 6 and 6 Plus.

Maestri said he does not expect Apple to struggle on account of China's slipping economic growth. Maestri said Apple "feels good" about its position in China.

"We haven't seen a slow down," he added.

Maestri also said the company doubled iPhone sales in Singapore and Brazil.

(Reporting by Supantha Mukherjee in Bengaluru; and Christina Farr in San Francisco; Editing by Peter Henderson, Ted Kerr and Lisa Shumaker)

 

Source: http://www.reuters.com/article/2015/01/27/us-apple-results-idUSKBN0L02QG20150127

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Posted

6 antha sodhi ga unna record sales aa vammooo

 

jagamantha oka maya, apple products antha brand n maya meda adusthunadhi not on innovation. plus samsung pedda competition eyatala so road inka clear apple kee  :3D_Smiles_38:

Posted

Fanbouys ani prove cheskunnar.. 

Posted

as expected .... good going apple ...

 

wats good man....  in it ...except for share owners 

Posted

wats good man....  in it ...except for share owners 

 

we want apple to thrive and eat in to all of samdung's profits man ....

  • Upvote 1
Posted

we want apple to thrive and eat in to all of samdung's profits man ....

 

now they are giving Samsung some business man....

 

they will get it in other way no...Samsung profits will remain or grow..only hte dept changes from Sales to MFG...dats it..

Posted

now they are giving Samsung some business man....

 

they will get it in other way no...Samsung profits will remain or grow..only hte dept changes from Sales to MFG...dats it..

 

yeah but thats no where close to what they make on selling phones ..... samsung should be just confined to its chip manufacturing than crowding the market with its shitty phones ...

Posted

Y did AAPL fall today then?

 

it alws does man after every results ... thats a general phenomenon....

Posted

Ayithe nakendhi...nenu oka phone kuda konale..I did make them lose 1 good customerShikhar+Dhawan,+twirling+his+moustache..

Posted

janalu kontanee unnaru gaa .... apple logo vesi plastic dabba amminaa kontaru emo   :3D_Smiles_38:  :3D_Smiles_38:

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